A Vienna, Austria-based AI-powered power trading startup called enspienspired-trading.comred has raised €25.5 million in Series B investment.
Investors
- PUSH VC
- Banpu NEXT
- Vopak Ventures
- Presidio Ventures
- Emerald Technology Ventures
- Helen Ventures
- 360 Capital
- EnBW New Ventures
- Zouk Capital
Use of funds
The company plans to utilize the money to increase operations and broaden its customer base internationally.
With enspired’s automated and highly scalable trading infrastructure, large-scale integration of renewable energy sources is made possible, and by 2035, 50 GW of flexibility will be possible.
About enspired
enspired is a leader in the concurrent commercial optimization of batteries and other power assets throughout the wholesale, control reserve, and auxiliary service industries. It is led by CEO Jürgen Mayerhofer and CTO Wolfgang Eichberger. Customers may maximize their flexibility and reduce time-to-market using the company’s completely automated internal trading platform.
